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Dec 27, 2012
12/12
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it was much worse than obama's first debate. he appeared before them and was like "don't vote for me." he lost that election. he did not have to call for that election. he called for it to lose it, to stay at home. he has not spoken since. he is having a nice holiday. and then there was papandreou. i was an advisor up until 2006. so i am not to blame. who unfortunately, he did not see the crisis of the eurozone collapsing. the eurozone had no foundation. there was an earthquake. it starts unraveling with greece. now, let's say between 1995 and 2008 god and his angels descended on an athens and ran the show. with rationality, omniscience, ethos, and morality. greece would not have been the first domino to fall. but it would have been the third. grace would have fallen after ireland or possibly after portugal. it was never designed to sustain a crisis like 2008. we were doomed. finally, the united states that we know today is the result of the crisis of the 19th century and the early 20th century. 1 very preciously saw the crisis
it was much worse than obama's first debate. he appeared before them and was like "don't vote for me." he lost that election. he did not have to call for that election. he called for it to lose it, to stay at home. he has not spoken since. he is having a nice holiday. and then there was papandreou. i was an advisor up until 2006. so i am not to blame. who unfortunately, he did not see the crisis of the eurozone collapsing. the eurozone had no foundation. there was an earthquake. it...
112
112
Dec 27, 2012
12/12
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CSPAN
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eye 112
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it was much worse than obama's first debate. he appeared before them and was like "don't vote for me." he lost that election. he did not have to call for that election. he called for it to lose it, to stay at home. he has not spoken since. he is having a nice holiday. and then there was papandreou. i was an advisor up until 2006. so i am not to blame. who was a 2006. -- who unfortunately, he did not see the crisis of the eurozone collapsing. the eurozone had no foundation. there was an earthquake. it starts unraveling with greece. now, let's say between 1995 and 2008 god and his angels descended on an athens and ran the show. with rationality, omniscience, ethos, and morality. greece would not have been the first domino to fall. but it would have been the third. grace would have fallen after ireland or possibly after portugal. it was never designed to sustain a crisis like 2008. we were doomed. finally, the united states that we know today is the result of the crisis of the 19th century and the early 20th century. hamilton was t
it was much worse than obama's first debate. he appeared before them and was like "don't vote for me." he lost that election. he did not have to call for that election. he called for it to lose it, to stay at home. he has not spoken since. he is having a nice holiday. and then there was papandreou. i was an advisor up until 2006. so i am not to blame. who was a 2006. -- who unfortunately, he did not see the crisis of the eurozone collapsing. the eurozone had no foundation. there was...
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Dec 27, 2012
12/12
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FBC
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let's start with you, during the presidential debate, president obama said flatly we are not going to go over the fiscal cliff. it is not going to happen. is that still the case do you think? >> that has been president obama's position and it is my position and the position of the democratic caucus in the house, the position of the democratic caucus in the senate. the problem has been in the house sadly, there's a serious step on the republican side of the aisle and we were unable to reach resolution compromise, to find the scrimmage line and make a compromise to keep the ball moving forward to continued economic growth. because of the lack of compromise even the sales during the holiday season were not as great as anticipated. people are factoring in -- my tax benefits, maybe my taxes will be raised by $22 million a year come january and is having a downdraft on the economy. very irresponsible. i want this solve the. >> dennis: your democratic colleagues said the problem is division among republicans and thought that was a republican/democrat thing. >> it is both. there's plenty of b
let's start with you, during the presidential debate, president obama said flatly we are not going to go over the fiscal cliff. it is not going to happen. is that still the case do you think? >> that has been president obama's position and it is my position and the position of the democratic caucus in the house, the position of the democratic caucus in the senate. the problem has been in the house sadly, there's a serious step on the republican side of the aisle and we were unable to...
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Dec 27, 2012
12/12
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CNBC
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remember, that's why president obama was talking about my 2 k. he wanted to get the middle class to weigh in on the tax debate. that's how much they'll be paying. if you make a little bit over $100,000, you'll see an average hike of $3500. let's get to the higher category and income earner. households making half a million a year, they'll contribute about $15,000 a more. of course they're the top earners, the .1%, on average they'll see hikes of more than $633,000. income taxes are not the only major issues here. we go over the cliff, the tax rate on most capital gains would go from 15 to 20%. dividends would now be taxed like regular income instead of capital ganls. the inheritance tax, that would go from 35% on estates over $5 million to 55% on estates over a million bucks. so a lot of implications here not just on regular income taxes. michelle. >> got it, jackie. good way to lay out the situation. investors acting on their fiscal cliff nerves. this is the first time since the dow has dipped. a deal has been priced in. a lot of people thought
remember, that's why president obama was talking about my 2 k. he wanted to get the middle class to weigh in on the tax debate. that's how much they'll be paying. if you make a little bit over $100,000, you'll see an average hike of $3500. let's get to the higher category and income earner. households making half a million a year, they'll contribute about $15,000 a more. of course they're the top earners, the .1%, on average they'll see hikes of more than $633,000. income taxes are not the only...
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223
Dec 27, 2012
12/12
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KQED
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with budgets tight, implementation by cash-strapped counties appears problematic. >> ifill: president obama heads back to washington tonight, as house republicans call on the senate to come up with a plan to avert the fiscal cliff. with prospects still murky for a deal before year's end, what can government workers, wall street investors and taxpayers expect if lawmakers miss the deadline? for that, we turn to stacy palmer, editor of the chronicle of philanthropy. jackie simon, public policy director of the american federation of government employees. and hugh johnson, who runs an investment and advisory firm in albany, new york. you all represent different constituencies. i want to start with you, jackie. -- sorry, i want to start with you, stacy, and talk about philanthropy. this is the end of the year when people are making their decisions about whether they're going to get tax breaks or who they're going to give to. are people looking at the fiscal cliff and saying "i don't know"? >> absolutely. people are uncertain as to whether there's going to be a charitable deduction next year, thi
with budgets tight, implementation by cash-strapped counties appears problematic. >> ifill: president obama heads back to washington tonight, as house republicans call on the senate to come up with a plan to avert the fiscal cliff. with prospects still murky for a deal before year's end, what can government workers, wall street investors and taxpayers expect if lawmakers miss the deadline? for that, we turn to stacy palmer, editor of the chronicle of philanthropy. jackie simon, public...
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Dec 27, 2012
12/12
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CSPAN2
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president obama to be reelected. so we had to wait until november 6 honestly before we could seriously take on the important and difficult issues involved in this debate. but that time is passed. the president has stepped forward, he's made a proposal and he's made concessions on his proposal, he continues to be here. he flew back from a family vacation that i know is as important to him as all of our family vacations are over the holidays to be here in washington. and to be part of the conversation and the dialogue. i hope that speaker boehner will bring back the house of representatives. we cannot do this alone. we must do this with their leadership and their cooperation. and the point that's been made by senator reid over and over again is that this is an issue, this is a challenge which we can successfully resolve and we must before we go over the cliff. mr. president, i ask consent the following statement be placed in a separate part of the record. the presiding officer: without objection. mr. durbin: the pendin
president obama to be reelected. so we had to wait until november 6 honestly before we could seriously take on the important and difficult issues involved in this debate. but that time is passed. the president has stepped forward, he's made a proposal and he's made concessions on his proposal, he continues to be here. he flew back from a family vacation that i know is as important to him as all of our family vacations are over the holidays to be here in washington. and to be part of the...
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Dec 27, 2012
12/12
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FOXNEWSW
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i think republicans lost the economic debate for now with democrats. i think there is lot of pressure on them to get this deal done soon and then, you know, we will start all over again because there will be a presidential budget in february and we'll be back at the table, negotiating this with the republicans right away. so it is just, should be seen as a little fiscal break or a fiscal, we'll come up with a better analogy but temporary stopgap measure what will then be, we're going to be starting this debate all over again in february. heather: mark, in terms of, you know, who the blame is placed upon and in terms of the public, poll after poll does show that they will blame republicans. is that a matter of messaging from republicans and what can they do, if anything, to change that? what have they done wrong? >> number one of the rasmussen poll today showed 44% would blame republicans, 36% would blame obama. that is eight point gap. that is not bad. he is on air endorsing 98% of the bush tax cuts and opposing returning to the clinton rates, the man
i think republicans lost the economic debate for now with democrats. i think there is lot of pressure on them to get this deal done soon and then, you know, we will start all over again because there will be a presidential budget in february and we'll be back at the table, negotiating this with the republicans right away. so it is just, should be seen as a little fiscal break or a fiscal, we'll come up with a better analogy but temporary stopgap measure what will then be, we're going to be...